59 N Sussex Drive, Smithfield, NC 27577
DUPLEX - Ranch - Smithfield, NC
- Added:
- Apr 8, 2026
- Days on Market:
- 84
- Last Refresh:
- Jun 30 at 10:06 pm
Property Features for 59 N Sussex Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- RES
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Dining Room
- Parking
- 2
- Parking features
- Driveway
- Window features
- Blinds
- Patio and Porch features
- Porch
- Interior features
- Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Living/Dining Room Combination, Smooth Ceilings, Walk-In Shower
- Exterior features
- Fenced Yard, Rain Gutters
- Fencing
- Privacy, Fenced
- Appliances
- Dishwasher, Electric Range, Microwave, Washer/Dryer
- Standard status
- Pending
- APN
- 15004017W
- Size
- 1,008 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- L7b Fairfield II Pb31/245260413-170
- Tax Annual Amount
- 1620
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1989
- Floors in Building
- 1
- Flooring type
- Tile, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Ranch
Listing agent Gene Pitzer License #268702 (919) 624-1321
Listing office Real Broker, LLC - Carolina Collective Realty 7200 Creedmoor Road Ste 306, Raleigh, NC (919) 782-4505
Listing date Apr 8, 2026
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑bedroom, 2‑bath duplex built in 1989 with ranch architectural style
- Laminate and tile flooring, smooth ceilings, and cathedral ceilings
- Eat‑in kitchen with laminate counters plus appliances including dishwasher, electric range, microwave, and washer/dryer
- Heat pump heating and cooling
- Fenced, privacy‑enclosed back yard with rain gutters and a porch
- Driveway parking; served by public water and public sewer
Overview
The property is located at 59 N Sussex Drive in Smithfield, North Carolina (Johnston County). It is being marketed as a short sale, which may appeal to buyers with a flexible timeline and the willingness to address property condition.
For tenants or buyers seeking a smaller, duplex-style income property, the unit configuration is compact and easy to manage, with two bedrooms and two bathrooms per residence. The fenced yard can be an important convenience for occupants looking for outdoor space. With residential zoning noted as RES, this property fits a conventional residential duplex use case and may be suitable for owner-occupants and investors looking for a manageable multifamily asset.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.5k | $15.36 |
| − Vacancy | −$808 | −$0.80 |
| EGI | $14.7k | $14.56 |
| − OpEx | −$4.4k | −$4.37 |
| NOI | $10.3k | $10.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Smithfield
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.319095
- Latitude
- 35.520738
